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odule 4 Homework Assignment: Module 4 Homework Assignment Score: 60.00% Save Submit Assignment for Grading Questions Problem 9.03 (Constant Growth Valuation) Question 10 of 20

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odule 4 Homework Assignment: Module 4 Homework Assignment Score: 60.00% Save Submit Assignment for Grading Questions Problem 9.03 (Constant Growth Valuation) Question 10 of 20 8 Check My Work (3 remaining) 9. 10 eBook 11 5 12 e Holtzman Clothiers's stock currently sells for $30.00 a share. It just paid a dividend of $2.00 a share (ie, Dp = $2.00). The dividend is expected to grow at a constat rate of 5% a year What stock price is expected 1 year from now? Round your answer to the nearest cent 11 $ 14 0 What is the required rate of return? Do not roand intermediate entoulations, Round your answer to two decimal placed IS % 16 17 0 . 18 19

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